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Cyber Security

CiberSecurity news: reports on information security, IT security, Internet security, Identity protection, Secure coding, Authentication or Encryption.

BigTech is coming for the financial sector, and banks are starting to feel the...

  Until now that is. Rumors of Amazon expanding into financial services have been circulating for a while now, and at last Amazon-branded credit cards have hit the...

How to fight the fraud crisis through blockchain and self-sovereign identity

By John Ainsworth The headlines keep coming with alarming frequency as are the bank alarms themselves: Earlier this month, HSBC acknowledged that the data of...

Leveraging Blockchain To Boost Cybersecurity In Fintech

By Faisal Husain As the Fintech sphere is evolving with advancements in digital technology, it is but natural that the aspect of cybersecurity needs to...

Canadian banks hire ‘ethical hackers’ to improve and test cybersecurity

  Hackers are targeting Toronto-Dominion Bank's internal systems at all hours using cutting-edge techniques, but the bank's head of cybersecurity isn't losing sleep over them...

How Israel Is Poised To Be A Blockchain Frontrunner

By Viva Sarah Press Government leaders, industry giants, and go-getting entrepreneurs have big ambitions for blockchain technology, the revolutionary distributed digital ledger system expected to solve...

JANET YELLEN: ‘I’M NOT A FAN OF BITCOIN’

By Pat Rabbitte Speaking at the Canada Fintech Forum in Montreal on Monday, Ex-Federal Reserve Chair, Janet Yellen slated cryptocurrency Bitcoin.  Her criticisms were in the same vein...

All You Need to Know About Securing Your Cryptocurrencies

By Rameez Ramzan Cryptocurrencies can be challenging to understand and utilize for some people. Keeping them secure from hacking and other malicious activities is another...
AI Financial

How artificial intelligence is fighting financial crime

By Soumik Roy WITH cross-border communications soaring and digital transactions becoming more rampant, fighting money laundering has become more complicated than it previously was. As a result,...
ATM Attacks

The Rise of ATM Attacks

By Jeffrey Kok    When cyber-criminals are intent on exploiting vulnerabilities in the security surfaces of financial institutions, ATM systems can serve as primary access points....
Security Needed

Stronger security needed before open banking arrives

By Okta APAC GM Graham Sowden Historically, banks are known to be conservative and not expected to expose their customer data. This is driven by the...

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AI Innovation

Artificial Intelligence Innovation Steered By U.S. and China

  Artificial intelligence has started — slowly — to make its presence felt in payments and commerce, including in fraud prevention, via early deployments of the technology...
AI Financial

How artificial intelligence is fighting financial crime

By Soumik Roy WITH cross-border communications soaring and digital transactions becoming more rampant, fighting money laundering has become more complicated than it previously was. As a result,...
Cybercrime Grows

As cybercrime grows, banks are increasingly being targeted

By Bertrand Borg Bank of Valletta was forced to shut down all its operations on Wednesday after detecting a cyber attack on its systems. It is the first...